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Technical Efficiency and Agglomeration Economies in the Hotel Industry: Evidence from Canary Islands
Applied Spatial Analysis and Policy ( IF 2.0 ) Pub Date : 2021-03-17 , DOI: 10.1007/s12061-021-09376-5
Raquel Martín-Rivero , Francisco José Ledesma-Rodríguez , Rosa María Lorenzo-Alegría

This paper aims to estimate the level of technical inefficiency in the hotel sector of a major tourist destination of Europe, the Canary Islands, exploring the relevance of agglomeration processes in efficiency levels. To do this, a complete dataset of the hotel supply for the period 2010–2016 is used. A translog production frontier and an inefficiency function are estimated in a single-stage sampling procedure. Results suggest an aggregate technical inefficiency of approximately 32%. Furthermore, technical efficiency seems to be decreasing with market concentration and congestion, and increasing in agglomeration economies.



中文翻译:

旅馆业的技术效率和集聚经济:来自加那利群岛的证据

本文旨在评估欧洲主要旅游目的地加那利群岛的酒店业技术效率低下的水平,探讨集聚过程与效率水平的相关性。为此,我们使用了2010-2016年间酒店供应的完整数据集。在单阶段采样过程中估计了超量产前沿和效率低下的函数。结果表明总体技术效率低下约32%。此外,技术效率似乎随着市场集中度和拥堵而下降,而在集聚经济体中则在增加。

更新日期:2021-03-17
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